Chinese Carriers Team Up For Country's First Joint Network Infrastructure Company

After more than two months of extensive discussions, the three leading Chinese telecom service providers have finally reached an agreement to establish the country's first joint network infrastructure company. The joint venture, to be called China Communications Facilities Services Corporation Limited, will be involved in building telecom towers, base stations and other transmission assets for the telecom industry. Reflecting on the positives of such a JV, China's Ministry of Industry and Inform...